21553 E Pegasus Pkwy

Queen Creek, AZ 85142
  • $2,900,000

    Price
  • 4

    Bed
  • 5

    Bath
  • 4,329

    SqFt

About the Listing laun001 - kg245

Rare offering in Queen Creek's prestigious Pegasus Airpark, where refined desert living meets private aviation. This estate offers direct taxi access to the private runway, a Santa Barbara-style residence with an appointed finished basement, and an impressive nearly 3,000 sq. ft. hangar with dual offices, kitchenette & bath. With approx. $775K in recent enhancements, the home showcases remodeled kitchen & baths, generous living spaces, elevated finishes, and seamless indoor/outdoor flow. The newly renovated resort-style yard features an expanded pool, new spa, and elegant outdoor spaces designed for entertaining or relaxing. A distinctive lifestyle property offering luxury, privacy, scale, aviation convenience, and everyday comfort in one remarkable setting in a premier fly-in community. Pegasus Airpark Community & Property Highlights Pegasus Airpark is a gated private runway community designed around the aviation lifestyle, offering residents the rare ability to taxi directly from their property to the runway. Known for its longer-than-average runway, reduced fuel costs, and no landing fees, Pegasus remains one of Arizona's most unique residential airpark communities. 21553 E Pegasus Pkwy combines aviation functionality with extensive recent improvements and resort-style living. Property Highlights " Approx. 4,300 sq ft residence including finished basement " Approx. 2,982 sq ft aircraft hangar " Hangar dimensions approx. 68.4' x 42.4' " Hangar includes dual offices, kitchenette, and bathroom " Direct taxiway access from property to runway " Refreshed Santa Barbara-inspired exterior " Recently updated kitchen and bathroom improvements " Andersen sliding doors creating enhanced indoor/outdoor flow " Three new HVAC systems " HVAC added to garage/hangar support areas " New garage doors and entry gates " Extensive front and backyard landscape redesign " Expanded pool and spa renovation " Outdoor Ramada and entertaining spaces " Updated irrigation system " Decorative landscape enhancements throughout property " Oversized homesite with generous outdoor living space Additional Notes The property has undergone approximately $775,000 in recent improvements and enhancements, thoughtfully elevating both the home and grounds while maintaining the warmth and character of the original architecture. The combination of substantial hangar space, finished basement, direct runway access, and extensive recent upgrades creates a rare opportunity within the Pegasus Airpark community.

Listing Highlights

Status Active
Days on Site 11
Property Type Residential
MLS ® 7026094
Year Built 2006
Total Square Footage 4,329
Lot/Acreage 1.22
County Maricopa
HOA Dues 526/Quarterly
1/Quarterly
Elementary School Queen Creek Elementary School

Interior Details

  • Bedrooms: 4
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Central Air,Ceiling Fan(s)
  • Heating: Natural Gas
  • Fireplaces: Family Room,Living Room,Gas
  • Floor: Carpet,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other: Walk-in Pantry,High Speed Internet,Granite Counters,Double Vanity,Eat-in Kitchen,Central Vacuum,Kitchen Island,Pantry,Separate Shwr & Tub
  • Water: City Water

Exterior Details

  • Lot Description: North/South Exposure,Sprinklers In Rear,Sprinklers In Front,Desert Back,Desert Front,Grass Front,Grass Back
  • Garage Capacity: 3 car
  • Roof: Tile,Built-Up
  • Others: Private Yard,Separate Guest House
  • Sewer: Septic Tank
  • Parking Features: Garage Door Opener,Extended Length Garage,Attch'd Gar Cabinets,Hangar,Over Height Garage

Financial Details

  • Tax Amount: $9,092
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 304-91-329
  • Tax Year: 2025

Payment Calculator

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21553 E Pegasus Pkwy Queen Creek, AZ 85142

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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